London close: UK construction, StanChart lift FTSE
2nd Jul 2014 16:59
- FTSE closes up 13.45 at 6,816.37 - UK construction drives gains - StanChart lifted by private equity sale rumours techMARK 2,832.57 0.00% FTSE 100 6,816.37 +0.20% FTSE 250 15,897.11 +0.35% London's blue chips closed with modest gains today, coming off a sharp dip this morning, but with limited m
Read moreFTSE 250 movers: Ocado rebounds from yesterday's heavy losses
2nd Jul 2014 15:02
Online grocer Ocado was rebounding strongly after a heavy fall the previous day with analysts at Deutsche Bank providing a lift by upgrading the stock to 'hold'. The company underwhelmed the market with its interim results on Tuesday, but the bank said it now sees limited downside to its target pric
Read moreLondon midday: Stocks gain as UK construction PMI hits four-month high
2nd Jul 2014 12:04
- UK construction PMI hits four-month high - ADP report, factory orders in focus Stateside - Service PMIs, ECB and jobs report due out tomorrow - Mothercare jumps on foreign interest techMARK 2,841.71 +0.32% FTSE 100 6,823.02 +0.30% FTSE 250 15,907.17 +0.42% Figures showing a surprise pick-up in U
Read moreLondon open: Stocks edge higher ahead of key data
2nd Jul 2014 09:21
- Markets await US data, Yellen speech - Services data, ECB meeting and non-farm payrolls due out Friday - Mothercare jumps after Destination Maternity bid techMARK 2,838.22 +0.20% FTSE 100 6,821.55 +0.27% FTSE 250 15,914.05 +0.46% UK stocks edged higher on Wednesday morning though upside was limi
Read moreMonday broker round-up UPDATE
2nd Jun 2014 10:24
Anglo Pacific: FinnCap places both its target price (prev.: 216p) and its hold recommendation under review. Associated British Foods: Berenberg increases target price from 2600p to 3060p, while maintaining its hold recommendation. Barr (AG): Numis moves target price from 612p to 624p retaining a h
Read moreFriday broker round-up UPDATE
23rd May 2014 09:53
Admiral Group: JP Morgan raises target price from 1022p to 1164p, while staying with its underweight rating. Antofagasta: Investec cuts target price from 715p to 690p and leaves its sell recommendation unchanged. Assura Group: Liberum Capital shifts target price from 44p to 47p and stays with its
Read moreFTSE 250 movers: Halfords pedals higher after strong Q4
22nd May 2014 15:03
Cycling and auto accessories retailer Halfords sped into the top spot after full-year profits accelerated past consensus forecasts thanks to a stonking fourth quarter from cycling as the group's investment programme began to deliver results. A 9.9% fourth quarter increase in retail sales and 4.3%
Read moreProperty sales helps Dairy Crest full-year profit soar
22nd May 2014 07:41
- Full-year profit surges 31 per cent - Profit boosted by sale of properties, cost savings - Expects trading in current year to be in line with expectations Britain's largest dairy company Dairy Crest delivered a sizeable increase in full-year profit as it reorganises into one business structure.
Read moreWednesday broker round-up UPDATE
14th May 2014 09:34
African Minerals: Deutsche Bank lowers target price from 335p to 324p maintaining a buy recommendation. Aveva: Panmure Gordon downgrades from buy to hold with a target price of 2199p. Aviva: Panmure Gordon ups target price from 540p to 585p and keeps a buy recommendation. boohoo.com: Investec ini
Read moreDairy Crest guides higher on full-year profits and cost savings
6th Feb 2014 08:20
Dairy Crest has guided higher for full-year profits as cost savings and profits from disposals ran ahead of expectations. As some analysts had been pointing out, the company was focused on 'self-help': cutting costs, disposing of properties and investing in new products and upgrading production fa
Read moreMonday broker round-up UPDATE
3rd Feb 2014 09:18
Advanced Computer Software: Panmure Gordon shifts target price from 132p to 139p and keeps a buy recommendation. AGA Rangemanager: Canaccord Genuity initiates with a target price of 300p and a buy recommendation. Avon Rubber: Canaccord Genuity initiates with a target price of 720p and a hold recom
Read moreFriday broker round-up UPDATE
31st Jan 2014 09:43
Aberdeen Asset Management: Berenberg cuts target price from 555p to 530p staying with its buy recommendation. Amlin: Canaccord Genuity moves target price from 420p to 430p reiterating a hold recommendation. ARM Holdings: Credit Suisse cuts target price from 1150p to 1100p and reiterates an outperf
Read moreDairy Crest to beat full-year expectations after selling depot
31st Jan 2014 07:50
Dairy Crest on Friday announced the sale of its Nine Elms depot as it revealed its full year profits were likely to be ahead of previous expectations, despite warning that its trading environment had continued to be 'challenging'. Despite the difficulties during the third quarter, which was broadly
Read moreFriday broker round-up UPDATE
24th Jan 2014 08:35
Aberdeen Asset Management: Morgan Stanley reduces target price from 492p to 393p and downgrades from equal-weight to underweight. Afren: Morgan Stanley moves target price from 210p to 220p retaining an overweight rating. Ashmore Group: Morgan Stanley cuts target price from 410p to 365p and reitera
Read moreLondon midday: Markets fall as Sainsbury leads retailers lower
8th Jan 2014 11:30
- Updates from Sainsbury, Mothercare, Majestic fail to impress - Eurozone retail sales, German factory orders beat forecasts - US data, central banks in focus over coming days techMARK 2,783.91 -0.20% FTSE 100 6,725.52 -0.44% FTSE 250 16,043.77 -0.16% The FTSE 100 pulled back from a two-month high
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